Global markets update

Based on such scenarios, the MIP is required to suggest specific measures to successfully achieve set targets, which should be reported to the government before June 20. While devising scenarios, regional and global economic situation, trade tension, fluctuation of oil prices should be taken into consideration, thus laying a foundation for the building of specific policies, he said. Prime Minister Nguyen Xuan Phuc at the meeting Ministers, government members, Chairs of municipal and provincial People’s Committees were urged to remove difficulties, cut administrative procedures to keep improving the business climate. Reiterating the need to curb inflation below 4 percent this year, he asked ministries, agencies and localities to closely track the market, especially farm produce and ensure the supply of key materials such as cement, iron and steel, and petrol. On speeding up public investment disbursement, he noted that those involved in not using capital in time … [Read more...] about PM asks for updating quarterly growth scenarios

Photo for illustration (Source: VNA) The event was jointly held by the Business Association of High-Quality Vietnamese Products and the Business Studies and Assistance Centre. Experts highlighted fundamental factors that Vietnamese firms should know to enter foreign markets and obtain sustainable development such as ensuring quality of products, developing brand names, and increasing value of materials. The adoption of innovation solutions in marketing and building geographical indications play a crucial role alike, they said. Executive Director of GS25 Retail Group of the Republic of Korea Ju Young Yun said Vietnam needs to ensure food safety and hygiene so that its products could be widely distributed in the foreign markets and meet the taste of customers. Additionally, businesses should build their own brand names by investing in design, label and origin of products, he said, adding this is the key to increasing the presence of made-in-Vietnam products in the global market. Le Viet … [Read more...] about High-quality products: Key to reaching out global market

Vice President Dang Thi Ngoc Thinh delivers a speech at the opening ceremony of the 2018 Global Summit of Women in Sydney, Australia(Photo: VNA) Hanoi (VNA) – Vice President Dang Thi Ngoc Thinh delivered a speech at the opening ceremony of the 2018 Global Summit of Women in Sydney, Australia, on April 26, highlighting women’s role in promoting global governance, inclusive and sustainable development and building economies of shared values. Following is the full text of the speech of Vice President Dang Thi Ngoc Thinh at Global Summit of Women. Ladies and Gentlemen, I am delighted to attend the 2018 Global Summit of Women with the delegation of female leaders and businesswomen. First of all, on behalf of the Vietnamese delegation, I would like to thank the host country of Australia for your gracious hospitality and warm reception extended to the delegates attending the Summit, including our delegation. Nearly 80 members of our delegation would like to send our best … [Read more...] about Vice President Thinh addresses Global Summit of Women’s opening ceremony

The April 25 event aimed to update the press and European seafood importers on measures Vietnam is taking to combat IUU fishing, a problem on which the European Commission (EC) issued a yellow card warning to Vietnam last September. Nguyen Thi Trang Nhung, Deputy Director of the Department of Science, Technology and International Cooperation under the Ministry of Agriculture and Rural Development, said Vietnam has obtained positive outcomes in the issue. The most important outcome is the Law on Fisheries, approved on November 21, 2017, which details IUU fishing activities and stipulates strict punishments compared to administrative penalties for violations in other fields. Efforts of the whole political system of Vietnam have resulted in observable advances in the certification of seafood origin and control of fishing boats’ activities, she added. As the yellow card could affect the prestige and trade of Vietnamese seafood in the European and global markets, the Vietnam … [Read more...] about Vietnam re-affirms resolve to fight IUU fishing at Seafood Expo Global

Sharing their marketing strategies as well as their stories of success and failure in trading, the large-scale enterprises at 1,000 CEOs inspired small and medium-sized enterprises (SMEs), especially startups. Industry leading experts shared their thoughts on marketing strategy at the 1,000 CEOs meeting Their stories were shared by numerous CEOs at the 1,000 CEOs meeting organised by PDCA Training Consultant Co., Ltd. in collaboration with CEO K35 Group JSC in Hanoi on April 15. Being organised for the second time, the 1,000 CEOs event continued to open opportunities to connect with partners in the same sector, as well as suppliers. The trading environment has changed comprehensively, thus, enterprises also need to change, update the marketing strategy to suit with trend. The highlight of this event was that CEOs had the opportunity to listen to Stefan Reicherstorfer, former chief of marketing officer (CMO) of Unilever Global and current CMO of Tan Hiep Phat Beverage … [Read more...] about 1,000 CEOs: sharing marketing strategy